Interest rates unchanged, the market is currently reacting with declines
The reason?
Nine out of 18 Fed representatives showed willingness to raise interest rates this year, and there is now no expectation of another rate cut this year!
In addition, the Fed raised its interest rate forecasts for the coming years, raised its inflation forecast, and lowered its economic growth forecast for 2026.
The market will listen to every word from Kevin Warsh in less than 30 minutes